Down Payment Assistance California — CalHFA & DPA Programs for 2026
California offers multiple down payment assistance (DPA) programs through CalHFA and private lenders that can cover your entire down payment and closing costs. Options Home Loans (NMLS #2221613) is an approved CalHFA lender helping first-time buyers in Orange County, Los Angeles, and across California access these programs.
2026 California Down Payment Assistance Programs
Compare available DPA programs — eligibility and terms vary. Contact us for a free eligibility check.
CalHFA MyHome Assistance Program
Deferred LoanAmount: Up to 3.5% of purchase price
For: First-time buyers with CalHFA FHA or conventional loan
Deferred payment — no monthly payments until sale, refinance, or payoff
CalHFA Zero Interest Program (ZIP)
Silent SecondAmount: Up to 3% of loan amount
For: Buyers using CalHFA conventional loan
0% interest, deferred — covers closing costs
CalHFA Dream For All
Shared Appreciation LoanAmount: Up to 20% of purchase price
For: First-generation first-time buyers
State shares in appreciation when you sell — no monthly payments
Options 100% DPA Program
Private DPAAmount: Covers full down payment
For: Buyers who meet income and credit requirements
Zero down — no payment on the 2nd loan
Chenoa Fund
FHA DPAAmount: 3.5% down payment covered
For: FHA borrowers, income limits apply
Forgivable after 36 on-time payments
General CalHFA Eligibility Requirements
First-Time Buyer
No ownership in past 3 years (exceptions for veterans)
Income Limits
Varies by county — OC and LA limits approx. $300,000 for most programs
Credit Score
660+ for conventional, 640+ for FHA programs
Homebuyer Education
Required 8-hour course (online available)
Primary Residence
Owner-occupied only — no investment properties
Loan Type
Must use a CalHFA-approved first mortgage
Down Payment Assistance California — FAQ
Find Out If You Qualify for Down Payment Assistance
Our loan officers will check your eligibility for every available DPA program — CalHFA, private, and local — at no cost.
Options Home Loans LLC · NMLS #2221613 · 13681 Newport Ave Ste 8-415, Tustin, CA 92780 · Equal Housing Lender. DPA program availability and terms subject to change. Contact us for current program details.